Skip to content

Blockchain Spec

Pixxl edited this page Apr 3, 2019 · 23 revisions

Blockchain Technical Details

Up to date details about Total Supply and Circulating Supply can be found through our public API Inspector. More details on Getting ODIN.

Spec Details
Asset Name ODIN Blockchain
Trading Symbol ODIN
Currency Symbol Ø
Decimal Places 8
Premine 99,000,000
Total Supply 109,340,185
Max Supply ---,---,---
Circulating Supply 92,458,007
Block Reward Variable*
Min Tx Fee 0.0001 Ø
Algorithm NIST5
PoW Difficulty Algorithm Dark Gravity Wave v3.0
PoS Difficulty Algorithm Blackcoin PoS v3.0
Consensus Model PoS (after block 200)
Staking 36% Variable**
Target Block Time 60 Seconds
Confirmation 10 Blocks (~10 min)
Minimum Staking Age 60 Blocks (~1 hr)
Max Block Size 2 MB
PubKey Addr 115
Script Addr 57
P2P Port 22100
RPC Port 22101
Testnet P2P Port 12100
Testnet RPC Port 12101
Protocol Support IPV4, IPV6, TOR

Masternode Technical Details

Spec Details
Masternode Staking 54% Variable**
Collateral 25,000 Ø

Community Budget Technical Details

Spec Details
Monthly Allowance 10% Variable**
Proposal Fee (non-refundable) 50 Ø
Budget Cycle (blocks) 43,200 (~1 month
*ODIN Block Reward

The Block Reward scheme for the ODIN Blockchain decreases overtime after reaching certain block heights defined in the blockchain code. These milestone block heights are estimated time periods and are by no means entirely accurate.

**ODIN Reward Variable

ODIN Blockchain rewards are divided up between Community Budgets, Masternode Staking, and Regular Wallet Staking. We plan to implement a "See-saw" reward structure by Year One that begins to allocate more returns to the Community budget and Masternode holders.

Acknowledgements

Blackcoin Proof of Stake ("PoSv3") v3.0

PoSv3 was developed by Pavel Vasin and implemented in the Blackcoin project. It is an updated version of the original "PoSv1" developed and implemented by Peercoin, and improves upon PoSv2. PoSv3 prevents what is referred to as a "short-range" attack where it was possible to iteratively mine an alternative blockchain by iterating through previous block times.

Dark Gravity Wave ("DGW") v3.0

DGW is an open source mining difficulty re-adjustment algorithm developed by Evan Duffield (creator of X11/Darkcoin/Dash) and is known to provide a non-linear adjustment in a faster method. This algorithm was only utilized on ODIN Blockchain during the PoW Pre-mine prior to the Ragnarök Release.

Clone this wiki locally